Regulatory ambiguity in crypto is harmful for the American public, SEC Commissioner Hester Peirce said in a recent interview with Coinage Media’s Zack Guzman. In the interview, she weighed in on the flurry of spot bitcoin ETF applications, noting that the agency’s standards for such a product have been a “moving target.”
TheBlockPeirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday.
CointelegraphThe commissioner made it clear that she does not support a bailout for anyone in the cryptocurrency industry, arguing that it is best to "let these things take their course."
CointelegraphThe commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it's better to “let these things play out.”
CointelegraphHester Peirce, the "encryption mom" of the US SEC, said that the regulatory "movement" around stablecoins needs to allow "trial and error" and leave room for failure.
CointelegraphThe SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure.
Cointelegraph“The agenda, signaled through its silence on cryptocurrencies, is that the market can expect that the application of our securities laws to this area of growing investor interest will continue to be questioned,” said two SEC commissioners.
CointelegraphPeirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.”
Cointelegraph